Cropseyville Real Estate News

Local Headlines

Airbnb will collect and remit county hotel occupancy taxes for its hosts in Rensselaer County through an agreement expected to increase the county's tax base and allow Airbnb to contribute its share of taxes. The agreement went into effect Friday.
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Homes sales fell by 7.4 percent in June from year-earlier levels, but the average price rose 2.4 percent to $240,144, while the median price climbed 7.2 percent to $214,450, the Greater Capital Association of Realtors reported Friday. The real estate group said pending sales, in which the deal hasn't yet closed, were up 9.3 percent in June from year-earlier levels.
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Doubling the size of a National Historic Site doesn't happen often, but there's a chance a foreclosure auction may help the Kate Mullany National Historic Site at 350 Eighth St. in Troy, N.Y., pull it off. Mullany was an Irish immigrant who in 1864 organized 300 women to form the Collar Laundry Union, the country's first all-female labor union.
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Regional Headlines

Outside the towering offices of investment bank Lehman Brothers, bewildered looking bankers spilled onto the street, clutching archive boxes hastily-filled with personal effects, including framed portraits of families they now found themselves liberated to spend a whole lot more time with. A police officer stands outside the headquarters of Lehman Brothers in Times Square on March 18, 2008 in New York City.
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August marked the slowest annual growth rate for rents nationally in the last three years, according to data from RentCafA . In San Francisco, rents decreased 0.2% year-over-year - an otherwise unremarkable drop save for the fact that rents in the metro area have almost consistently been on the rise for several years.
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Foreign investors are becoming a rare species in New York's real estate market, and that may have put the kibosh on the sale of One Worldwide Plaza. New York REIT put the entire office tower on the market earlier this year and hoped to sell it for $1.7 billion or more, but after receiving disappointing bids it changed track merely sold only a 48.7 percent stake.
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One of my former students, a student who performed very well in my class and has kept in touch on economic issues, sent me a link to John Cassidy, " A New Way to Learn Economics ," New Yorker , September 11, 2017. In the piece, Cassidy is very gung-ho on a lengthy e-book called The Economy .
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National Headlines

Federal Reserve Chair Janet Yellen acknowledged Tuesday that the Fed is puzzled by the persistence of unusually low inflation and that it might have to adjust the timing of its interest rate policies accordingly. Speaking to a conference of economists, Yellen touched upon key questions the Fed is confronting as it tries to determine why inflation has remained chronically below its target of 2 percent annually.
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The dividend is payable on October 25, 2017 to all stockholders of record on October 6, 2017. The dividend represents an annual distribution rate of 6.8% based on the closing sale price of the Company's common stock on September 26, 2017.
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Dyson confirms it will pour A 2.5bn into making electric cars with 4,000 new jobs - and you'll be able to buy one as early as 2021 Crash-for-cash hotspots: The 30 UK postcodes where drivers have suffered the most car-shunt insurance scams - so does your area feature? Where the experts would invest A 100,000: Spread your cash across multiple funds and consider keeping some back should an opportunity arise The banknotes worth thousands of pounds: Hundreds of rare notes from Afghanistan to Zanzibar go up for auction: here's the five most expensive Secrets of Britain's Blue Chips exposed in hacking attack: Tesco, Direct Line, Sky, Costa and whitbread among Deloitte clients Aldi profits fall by nearly a fifth as supermarket price war rages... but it's still opening one store a week Why it may still be worth buying an annuity: Lock into an income that'll NEVER change Seven golden rules to keep ... (more)
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RealPage, Inc. , a leading global provider of software and data analytics to the real estate industry, today announced the closing of its acquisition of certain discrete assets of On-Site Manager, comprising substantially all of On-Site's business of operating a leasing platform for both the multifamily and single family housing industries. "We are excited to hit the ground running with On-Site and proceed with our integration plan," said Steve Winn , Chairman and CEO of RealPage.
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